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Strategies & Market Trends : Asia Forum

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To: Mohan Marette who wrote (3033)4/10/1998 9:10:00 PM
From: Stitch   of 9980
 
Mohan;

<<Stitch, did you see what Yahoo did Friday,wow up some 15.00 bucks or so. I was going to buy at $60.00,couldn't muster enough courage,oh well no need to cry over split milk now. Can't win'em all I suppose.>>

There is an equalizing force in us all I guess that tends to hold us back. You have had personal experience of climbing a mountain of euphoric p/e ratios with Dell. In spite of that you didn't jump on the Yahoo bandwagon. All my years of sensibilities would have told me to short Yahoo at 60. It is a very good thing I am not, by inclination and experience, a short player. I think I would have been selling pencils by now.

I have a few small puts on the S&P for next week. Its my first puts ever. Its a "vegas" play, purely for etertainment purposes.

Best,
Stitch
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